Day: May 20, 2019

Greg Crowe President and CEO further commented; “The drilling at Peñasco Quemado illustrates that the mineralized silver-manganese system extends beyond the area of the historic resource. Also, low to moderate zinc and lead values were encountered in drill holes to the southeast of the historic drill area. However, the limited drill program was not sufficient to fully test all anomalous areas.”

Mexus Gold US is pleased to announce that the company has hired a highly recommended and qualified chemical engineer for its Santa Elena mine. Mr. Roberto Baltierrez Hernandez, who specializes in metallurgical processes and gold extraction methods, will oversee all aspects of the gold recovery systems at the mine.

Peter Secker, CEO, of Bacanora Lithium, commented: ‘The proposed Strategic Investment from Ganfeng, a top three lithium producer, will be a major milestone in the development of the Sonora Project. Not only will it provide industry validation of Sonora’s clear potential to become a key supplier of battery grade lithium but, subject to Ganfeng exercising its option to increase its interest in the Sonora Project to 50%, our share of the capital costs required to construct an initial 17,500 tpa Li2CO3 operation at Sonora would be halved. ‘